Citigroup Maintains Neutral on Harley-Davidson, Raises Price Target to $36
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst James Hardiman has maintained a Neutral rating on Harley-Davidson (NYSE:HOG) and increased the price target from $33 to $36. This adjustment reflects Citigroup's updated valuation of the company's stock.
December 18, 2023 | 4:07 pm
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Citigroup has maintained a Neutral rating on Harley-Davidson but raised the price target from $33 to $36, indicating a potential upside from the previous target.
The increase in price target by Citigroup suggests a positive reassessment of Harley-Davidson's stock value, which could lead to increased investor confidence and a potential short-term rise in the stock price. However, the Neutral rating indicates that Citigroup does not see significant momentum beyond the revised target in the near term.
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IMPORTANCE 75
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